Tokenomics - Revision history

Neswulf: Category added

2022-10-10T10:05:30Z

Category added

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	$GSP will be validated and protected by the Chainlink Proof-of-Reserve protocol.		$GSP will be validated and protected by the Chainlink Proof-of-Reserve protocol.

			[[Category:Tokens]]

2022-10-01T17:57:17Z

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	The Elysium blockchain also has it's own precious metal backed stablecoin ($GSP).		The Elysium blockchain also has it's own precious metal backed stablecoin ($GSP).

	This section outlines the main tokens, how you can get them and provides some examples of their ~~uses~~.		This section outlines the main tokens, how you can get them and provides some examples of their use.

	== $PYR ==		== $PYR ==

2022-10-01T17:50:17Z

Earning XP

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	You earn XP by carrying out simple tasks such as the following examples:		You earn XP by carrying out simple tasks such as the following examples:

	- Foraging, Battling, Spying, or Defending with your Vulcanites		* Foraging, Battling, Spying, or Defending with your Vulcanites
			* Visiting Landmarks in VulcanVerse
	- Visiting Landmarks in VulcanVerse		* Trading materials in VulcanVerse
			* Completing Quests
	- Trading materials in VulcanVerse		* Winning or losing in any of Vulcan Forged games

	- Completing Quests

	- Winning or losing in any of Vulcan Forged games

	You can earn XP from the majority of our games at present from beta builds onwards. Your XP is viewable under the Earnings tab of your My Forge account.		You can earn XP from the majority of our games at present from beta builds onwards. Your XP is viewable under the Earnings tab of your My Forge account.

2022-10-01T17:49:45Z

Fees:

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	=== '''Fees:''' ===		=== '''Fees:''' ===
	~~Seed activation fees~~

	Land upgrade fees		* Seed activation fees
			* Land upgrade fees
	Upgrading Vulcanites		* Upgrading Vulcanites
			* Upgrading and maintaining Titans and Olympians (Gods)
	Upgrading and maintaining Titans and Olympians (Gods)		* Elysium transactions

	Elysium transactions

	=== '''Burn:''' ===		=== '''Burn:''' ===
	''(Every single lava expenditure route is a 100% burn)''		''(Every single lava expenditure route is a 100% burn)''

	All seed activation costs		* All seed activation costs
			* Fees for upgrading Vulcanites
	Fees for upgrading Vulcanites		* All God upgrade and maintenance fees
			* All land upgrade fees
	All God upgrade and maintenance fees		* Purchasing consumables in-game via NPCs

	All land upgrade fees

	Purchasing consumables in-game via NPCs

	== XP ==		== XP ==

2022-10-01T17:45:21Z

$PYR

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	*Soft locking to stake land		*Soft locking to stake land
	* Fees when sowing seeds or land		* Fees when sowing seeds or land
	* ~~Plans,~~ Renting land or other NFTs as part of the Cedalion program		* Purchasing a plan as part of the Cedalion program
			* Renting land or other NFTs as part of the Cedalion program
	* Farming, staking and trading on VulcanDex		* Farming, staking and trading on VulcanDex

2022-10-01T17:44:12Z

$PYR

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	*Soft locking to stake land		*Soft locking to stake land
	* Fees when sowing seeds or land		* Fees when sowing seeds or land
	* Renting land or other NFTs as part of the Cedalion program		* Plans, Renting land or other NFTs as part of the Cedalion program
	* Farming, staking and trading on VulcanDex		* Farming, staking and trading on VulcanDex

2022-10-01T17:41:24Z

$PYR

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	* Fees when sowing seeds or land		* Fees when sowing seeds or land
	* Renting land or other NFTs as part of the Cedalion program		* Renting land or other NFTs as part of the Cedalion program
			* Farming, staking and trading on VulcanDex

	== $LAVA ==		== $LAVA ==

2022-10-01T17:40:14Z

$PYR

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	*Soft locking to stake land		*Soft locking to stake land
	* Fees when sowing seeds or land		* Fees when sowing seeds or land
	* Renting land or NFTs as part of the Cedalion program		* Renting land or other NFTs as part of the Cedalion program

	== $LAVA ==		== $LAVA ==

2022-10-01T17:39:48Z

$PYR

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	*Soft locking to stake land		*Soft locking to stake land
	* Fees when sowing seeds or land		* Fees when sowing seeds or land
			* Renting land or NFTs as part of the Cedalion program

	== $LAVA ==		== $LAVA ==

2022-10-01T17:38:51Z

started adding examples of $PYR uses

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	$PYR can be purchased directly on [https://myforge.vulcanforged.com/BuyViaFiat/Index Vulcan Forged] with fiat currency or traded on a number of exchanges.		$PYR can be purchased directly on [https://myforge.vulcanforged.com/BuyViaFiat/Index Vulcan Forged] with fiat currency or traded on a number of exchanges.

			Uses for $PYR include:

			*Purchasing of NFTs in the Agora marketplace
			*Soft locking to stake land
			* Fees when sowing seeds or land

	== $LAVA ==		== $LAVA ==
	$LAVA is the secondary token; $LAVA is the silver to the gold of $PYR. It’s our play-to-earn token and, as such, it is plentiful. You’ll earn Cold $LAVA from playing some of our games ($LAVA addition coming to an increasing number of games soon). This will warm up and will be ready to claim as Hot $LAVA (the on-chain cryptocurrency) after 3 days.		$LAVA is the secondary token; $LAVA is the silver to the gold of $PYR. It’s our play-to-earn token and, as such, it is plentiful. You’ll earn Cold $LAVA from playing some of our games ($LAVA addition coming to an increasing number of games soon). This will warm up and will be ready to claim as Hot $LAVA (the on-chain cryptocurrency) after 3 days.